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SEBI invites public comments on KYC norms for FPIs

Saturday - September 8, 2018 11:44 pm , Category : BUSINESS
Mumbai Sep 8 (IANS) Market regulator Securities and Exchange Board of India (SEBI) on Saturday called for public comments over its panel s recommendations on "Know Your Client (KYC) Requirements for Foreign Portfolio Investors".
The recommendations have been made by SEBI s working group that was set up to look into the concerns raised by the overseas Indian investor community.
The development comes after various issues were raised on SEBI s circular dated April 10 2018 on KYC norms for FPIs.

--IANS rrb-ravi-rv/nir